Fannie Mae (FNMA)

[mrfidlsticks]

There is a new post on Howard on Mortgage Finance, titled “The Economics of Reform.”
In this post Tim identifies and discusses three important changes that have taken place in the sources of funding and credit guarantees for single-family mortgages since Fannie and Freddie were put into conservatorship, which have made the system less effective and riskier. Tim then explains why the Moelis administrative reform plan would lead to a reversal of these changes, while the MBA or Milken legislative reform plans would make their effects worse.



The post can be found here: howardonmortgagefinance.com